Auroma Newsletters
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February 2004
AUROMA MARKET NEWS FEBRUARY 2004 Welcome to the Auroma Market News Report for February. The aim of this newsletter is to update you with the latest
trends and availability of essential oils and vegetable oils.
Citronella Oil, the price has continued
to weaken over the past few weeks. Orange Oil Sweet, the price remains
firm. The Brazilian crop is now believed to be lower than previously suggested,
the current figure is 360 million boxes (some believe even lower). The price is
believed to remain firm for sometime in the future. The Florida crop is forecasted for production of 250 million
boxes. Grapefruit Oil, It has been reported
that the concentrate market for this fruit is quite poor. Predictions are that
the fruit processed this year will be greatly reduced. Lime Oil, reports from Brazil suggest
that one of the larger historical producers is not processing this season. In
addition Peru is suggesting that its future crop will be reduced and their raw
material costs have increased. Cinnamon Leaf Oil Stockists in Europe
and the U.S. are believed to only have a small amount of this oil. Sage Oil, material appears to be short
in the market, very difficult to locate. Petitgrain Oil, this oil has good
stocks of available from source. Tea Tree, Demand for this oil remains
good, increasing slightly. Sandalwood Oil, we believe that the
next Indian wood auction will be due shortly, however as there have been no
auctions for nearly a year material remains in short supply. Rosewood Oil, there has been an
increase in demand for this oil over recent weeks and supply remains steady.
Vegetable Oil Status Report The price of vegetable oils in general remains quite firm,
however there are a few oils of interest at present. Soyabean Oil, continued high demand
from Asia ensures steady supply of this oil. Olive Oil, the small stocks in Spain
are creating shortages for the supply of the material. The situation appears
only to worsen over the next few months until next year's crop. Evening Primrose Oil, the crop has been
reduced from last year's level in China. |
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